Your source for the latest in financial discussion and stock market insight.

Thursday, December 3, 2009

General Growth Looking Good

Things continue to be looking up for General Growth Properties (GGWPQ) as they organize their plan to emerge from bankruptcy. I've held a very small position in this since June, where I was able to pick up some shares around $1.80. Shares are up near $8.00 today, making this my largest percentage gainer ever. I only wish I had picked up more shares at the time. But a nice gain nonetheless. Here are my previous posts on GGP.

An enormous thank you to Todd Sullivan for this one. He's been all over this trade from day one, and many people have made money on this one, and it appears there is more to come. Thanks Todd!

1 comment:

About My Blog

Welcome to "In the Know." Here I discuss trends in the market, and how I think investors can profit from them. I'll discuss specific stocks, sectors, and economic/political trends.

I'm a student of the markets and am constantly looking for new ways to gain an edge, but for the most part, I'm a value guy. I think you have to be flexible to be a successful investor, but discipline is by far the most important factor.

Disclaimer: The views expressed on this site are purely opinions of the author and should not be taken as investment advice. The author is not a registered financial advisor, and provides only his own commentary. The author disclaims all liability in any investment purchases made based on information gathered at this site, or through any link provided by this site. Readers should be aware that investments are subject to loss in value, and the author recommends consulting an investment professional before taking any action.